Russell Investments Group Ltd. Buys 11,533 Shares of Ryanair Holdings plc (RYAAY)

Russell Investments Group Ltd. grew its stake in shares of Ryanair Holdings plc (NASDAQ:RYAAY) by 7.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 176,550 shares of the transportation company’s stock after buying an additional 11,533 shares during the period. Russell Investments Group Ltd.’s holdings in Ryanair were worth $17,039,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in RYAAY. Massachusetts Financial Services Co. MA increased its position in Ryanair by 14.5% during the second quarter. Massachusetts Financial Services Co. MA now owns 2,539,197 shares of the transportation company’s stock worth $290,053,000 after buying an additional 321,859 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in Ryanair during the second quarter worth $23,704,000. WCM Investment Management CA increased its position in Ryanair by 3.9% during the second quarter. WCM Investment Management CA now owns 3,866,003 shares of the transportation company’s stock worth $441,614,000 after buying an additional 146,752 shares in the last quarter. Baillie Gifford & Co. boosted its holdings in shares of Ryanair by 2.3% during the second quarter. Baillie Gifford & Co. now owns 5,936,962 shares of the transportation company’s stock worth $678,179,000 after purchasing an additional 133,294 shares during the last quarter. Finally, Great West Life Assurance Co. Can boosted its holdings in shares of Ryanair by 30.5% during the second quarter. Great West Life Assurance Co. Can now owns 166,461 shares of the transportation company’s stock worth $19,008,000 after purchasing an additional 38,913 shares during the last quarter. 44.02% of the stock is owned by institutional investors.

Several equities research analysts have recently issued reports on RYAAY shares. BidaskClub cut Ryanair from a “sell” rating to a “strong sell” rating in a report on Thursday, September 13th. Royal Bank of Canada restated a “buy” rating on shares of Ryanair in a report on Thursday, August 16th. ValuEngine upgraded Ryanair from a “strong sell” rating to a “sell” rating in a report on Tuesday, October 16th. UBS Group restated a “buy” rating on shares of Ryanair in a report on Wednesday, August 15th. Finally, Raymond James cut Ryanair from an “outperform” rating to a “market perform” rating in a report on Thursday, August 9th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $138.00.

RYAAY stock opened at $88.14 on Friday. Ryanair Holdings plc has a 52-week low of $77.96 and a 52-week high of $127.61. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.25 and a current ratio of 1.25. The firm has a market cap of $20.72 billion, a PE ratio of 12.90 and a beta of 0.74.

TRADEMARK VIOLATION WARNING: This piece was first posted by Sports Perspectives and is the property of of Sports Perspectives. If you are accessing this piece on another website, it was copied illegally and reposted in violation of international trademark and copyright laws. The correct version of this piece can be viewed at https://sportsperspectives.com/2018/11/10/russell-investments-group-ltd-buys-11533-shares-of-ryanair-holdings-plc-ryaay.html.

About Ryanair

Ryanair Holdings plc, together with its subsidiaries, provides scheduled-passenger airline services in Ireland, the United Kingdom, and Other European countries. The company is also involved in the provision of various ancillary services, such as non-flight scheduled services and Internet-related services; in-flight sale of beverages, food, and merchandise; and marketing accommodation services, holidays, car hire, and travel insurance through its Website.

Recommended Story: How to interpret a stock’s beta number

Want to see what other hedge funds are holding RYAAY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ryanair Holdings plc (NASDAQ:RYAAY).

Institutional Ownership by Quarter for Ryanair (NASDAQ:RYAAY)

Receive News & Ratings for Ryanair Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ryanair and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply